The Resource Conservation and Recovery Act (RCRA)
Write an essay consisting of at least 500 words addressing all of the following topics (a through f) make sure you answer each questions after the correct alphabet.
a. How is the Resource Conservation and Recovery Act (RCRA) different from previous legislation addressing solid waste?
b. What are the differences between RCRA Subtitle C and Subtitle D?
c. Describe the cradle to grave tracking process instituted by RCRA.
d. List at least three standards for a Treatment, Storage, or Disposal Facility (TSDF) under RCRA?
e. How is CERCLA different than RCRA?
f. What is a brownfield?
Sample Solution
The Resource Conservation and Recovery Act (RCRA) The Resource Conservation and Recovery Act (RCRA) gives EPA the authority to control hazardous waste from cradle to grave. This includes the generation, transportation, treatment, storage, and disposal of hazardous waste. RCRA also set forth a framework for the management of non-hazardous solid wastes. The 1986 amendments to RCRA enabled EPA to address environmental problems that could result from underground tanks storing petroleum and other hazardous substances. HSWA. The Federal Hazardous and Solid Waste Amendments, are the 1984 amendments to RCRA that focused on waste minimization and phasing out land disposal of hazardous waste as well as corrective action for releases. Some of the other mandates of this law include increased enforcement authority for EPA, more stringent hazardous waste management standards, and a comprehensive underground storage tank program.
Information is important in management decision making. The objective of the management accounting system is to provide the best information for assessments of the amounts, timing and uncertainty of cash flows to the business from each alternative course of action available to the business.
The purpose of management accounting involves identifying the types of decision needed in management accounting in order to provide useful information for managers.
The main types of decision include:
- Output decision-These are decisions on what types of goods or services should be supplied, at what prices and in what quantities.
- Input decision-These are decisions on how the outputs should be produced, i.e. the allocation of quantities used in raw materials, labour etc.